12 U.S.C. · Banks and Banking
12 U.S.C. § 3025

Examination and audit

Ch. 31 — NATIONAL CONSUMER COOPERATIVE BANK
Title 12 U.S.C. ● ACTIVE Primary Source Ch. 31
Statutory Text

12 U.S.C. § 3025 — Examination and audit

U.S.C. Title 12 - BANKS AND BANKING 12 U.S.C. United States Code, 2023 Edition Title 12 - BANKS AND BANKING CHAPTER 31 - NATIONAL CONSUMER COOPERATIVE BANK SUBCHAPTER I - ESTABLISHMENT AND OPERATION Sec. 3025 - Examination and audit From the U.S. Government Publishing Office, www.gpo.gov

§3025. Examination and audit

The Farm Credit Administration and the Government Accountability Office are hereby authorized and directed to examine and audit the Bank. Reports regarding such examinations and audits shall be promptly forwarded to both Houses of the Congress. The Bank shall reimburse the Farm Credit Administration for the costs of any examination or audit conducted by the Farm Credit Administration.

(Pub. L. 95–351, title I, §115, Aug. 20, 1978, 92 Stat. 511; Pub. L. 97–35, title III, §394(a)(1), Aug. 13, 1981, 95 Stat. 436; Pub. L. 108–271, §8(b), July 7, 2004, 118 Stat. 814.)

Editorial Notes

Amendments 2004—Pub. L. 108–271 substituted "Government Accountability Office" for "General Accounting Office". 1981—Pub. L. 97–35 substituted provisions relating to examination and audit by the Farm Credit Administration and the General Accounting Office, for provisions relating to annual examinations and audits by an agency or instrumentality of the Federal Government designated by the President.

Statutory Notes and Related Subsidiaries

Effective Date of 1981 Amendment Pub. L. 97–35, title III, §394(a)(2), Aug. 13, 1981, 95 Stat. 436, provided that: "The amendment made by paragraph (1) [amending this section] shall take effect on the day after the Final Government Equity Redemption Date [Dec. 31, 1981]." For definition of "Final Government Equity Redemption Date", see section 396(a) of Pub. L. 97–35, set out as a note under section 3012 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 12 U.S.C. § 3025 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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